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Storage Start-Ups in 2017

February 1, 2018

2017 was a little better than 2016 for storage start-ups. VCs were less reluctant to invest in storage. There were 46 financial rounds last year compared to 43 in 2016, that was the lowest figure since 2009, for a total amount of $1,256 million up 34% Y/Y.

The highest round was $180 million for Rubrik, $77 million for Upthere in 2016, $175 million for Simplivity in 2015, and $900 million for Cloudera in 2014.

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